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Trader's Diary

Economic calendar

May
2025
Definície pojmov:
Earnings
IPOs
Splits
Week 18

Stable Quarterly Results for Sony

Date: 7.8.2024

My trading and investing attention was recently drawn to an update on the financial results of Sony Group Corp. The Japanese conglomerate raised its revenue and earnings forecasts for the fiscal year ending in March after a successful quarter that its music and gaming software divisions drove.

In the three months ending June, Sony posted an operating profit of 279.1 billion yen ($1.9 billion), beating the consensus estimate of 273.9 billion yen and the 253 billion yen profit from the previous year. Those results prompted the company to revise its fiscal-year revenue expectations to 12.6 trillion yen with an expected operating profit of 1.3 trillion yen. These adjustments are modest but signal good health and an upward trajectory that could influence my next portfolio decisions. [1]

 

PlayStation's impact and challenges

 

The PlayStation division, a stalwart of the Sony brand, has seen growth not only due to the popularity of first-party games such as Helldivers 2 but also significantly due to favourable exchange rates. Although sales of PlayStation 5 fell short of analysts' expectations - 2.4 million units were sold compared to the 3 million forecast - the overall financial health of the division remains intact. However, this weaker performance in hardware raises questions about the potential impacts on future revenues from gaming software and online services, aspects that are key to my ongoing investment assessment.

 

Music division: A lucrative frontier

 

The music segment has become a lucrative sector for Sony, outperforming other divisions in profitability. The global appeal of Japanese anime, coupled with strong revenues from streaming services such as Spotify and increased revenues from live events and merchandising, paints a promising picture. As Toyo Securities analyst Hideki Yasuda points out, this segment is poised for further growth. It could represent a solid investment opportunity, especially given the evolution of consumer preferences in entertainment. [2]

 

Technological advances and market expansion

 

In addition, Sony's image sensor business saw improved earnings and unit sales growth, which is related to the recovery of the global smartphone market. The success of this segment is critical as it supplies products to major smartphone manufacturers such as Xiaomi and Vivo, which have seen a significant increase in shipments.

 

Currency fluctuations

 

However, the potential impact of currency fluctuations is a concern. Sony's significant overseas revenues expose it to risks associated with the appreciation of the yen. The recent yen depreciation has been beneficial as it has boosted overseas earnings. Nevertheless, there is an inherent risk if the yen were to strengthen, which could reduce the value of foreign earnings. This is a factor that I will monitor carefully.

 

Conclusion and strategic outlook

 

In conclusion, Sony's updated forecasts and strong quarterly results confirm my confidence in the company's diversified business model and its ability to overcome market uncertainty. However, I remain vigilant to external factors such as currency volatility and global economic changes that could impact Sony's profitability. As I anticipate Sony's future performance, I will closely monitor these dynamic factors to ensure that my investments are well-positioned to take advantage of Sony's growth while mitigating potential risks.

 

 

 [1], [2] Forward-looking statements are based on assumptions and current expectations, which may be inaccurate, or based on the current economic environment which is subject to change. Such statements are not guaranteeing of future performance. They involve risks and other uncertainties which are difficult to predict. Results could differ materially from those expressed or implied in any forward-looking statements.

Date: 3.7.2024
Dodávky vozidiel Tesla klesli, avšak prekonali očakávania

Keď sa zamyslím nad nedávnymi výsledkami spoločnosti Tesla za druhý štvrťrok, je zrejmé, že priekopník v oblasti elektrických vozidiel (EV) sa naďalej dokáže pohybovať v prostredí tvrdej konkurencie a klesajúceho dopytu. Napriek poklesu dodávok dokázala prekonať očakávania trhu, čo jej zabezpečilo nárast hodnoty akcií o 10% a dostali sa takmer na 6-mesačné maximum.*

Date: 6.9.2023
Moderna aktualizovala svoju vakcínu proti COVID

Napriek tomu, že vírus Covid takmer upadol do úplného zabudnutia, v mnohých krajinách Európy sa znovu objavil. Takže aj keď sme si mysleli, že je to všetko konečne za nami, smutnou realitou je, že vírus je stále medzi nami. Rozhodol som sa preveriť farmaceutické spoločnosti, ktoré vyrábajú vakcíny proti Covid-u, a zistiť, či majú nejaké novinky. Nezostal som sklamaný, pretože článok na Reuters mi poskytol informácie o tom, že Moderna práve aktualizovala svoju vakcínu.

Date: 30.8.2023
Predaj áut v Európe v júli vzrástol

Napriek tomu, že ceny áut boli v poslednom roku veľmi vysoké, zdá sa, že ceny začínajú klesať. Našiel som článok na Reuters, ktorý potvrdzoval moje predpovede, a kde sa písalo, že európske predaje áut vzrástli v júli o 15%, zatiaľ čo predaje EV boli dramaticky vyššie na úrovni okolo 61%, čo je veľmi pekný skok.

Date: 23.8.2023
Microsoft a Activision budú ponúkať streamovacie práva

Myslím, že veľa ľudí našej generácie a mladších dôverne pozná hru Call of Duty. Bol to veľký hit za mojich tínedžerských rokov a stále mám na toto obdobie pekné spomienky, aj keď boli vytvorené online. Pred časom sa objavili správy, že spoločnosť Activision, tvorcu spomínanej hry, kupuje Microsoft. Teraz som našiel články, že sa na pozadí dejú ešte ďalšie veci.

Date: 9.8.2023
IPO spoločnosti Arm sa blíži

V dnešnom denníku som sa to rozhodol urobiť trochu inak. Zvyčajne vždy robím poznámky o svojom obchodovaní, dnes však budem robiť poznámky pre seba o blížiacom sa IPO spoločnosti Arm. Rozhodol som sa to urobiť týmto spôsobom, pretože som si prečítal dva veľmi zaujímavé články o významných spoločnostiach, ktoré budú investovať do prvotnej verejnej ponuky akcií spoločnosti Arm.

Varovanie pred rizikom: Finančné rozdielové zmluvy sú zložité nástroje a sú spojené s vysokým rizikom rýchlych finančných strát v dôsledku pákového efektu. Na 92.82% účtov neprofesionálnych investorov dochádza k finančným stratám pri obchodovaní s finančnými rozdielovými zmluvami u tohto poskytovateľa. Mali by ste zvážiť, či chápete, ako finančné rozdielové zmluvy fungujú, a či si môžete dovoliť podstúpiť vysoké riziko, že utrpíte finančné straty.